Hawaiian Telcom Holdco (HCOM) Jumps: Stock Rises 5.9%

Zacks

Hawaiian Telcom Holdco, Inc. HCOM was a big mover last session, as the company saw its shares rise almost 6% on the day. The upside was driven by the company’s announcement that it has appointed Greg Chamberlain as the Vice President of Network Operations. Chamberlain will oversee technical installation, repair and construction projects, central office and dispatch operations as well as network support services. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $20.75–$22.98 in the past one-month time frame.
In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Hawaiian Telcom Holdco currently sports a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.

Another favorably placed Diversified Communication Services stock is Chunghwa Telecom Co., Ltd. CHT, which sports a Zacks Rank #Array (Strong Buy).

Is HCOM going up? Or down? Predict to see what others think: Up or Down

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